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Power Law company profile

Wiliot

Semiconductors · Dimona, Israel · Founded 2017 Unicorn

Wiliot is a trailblazer in the Internet of Things (IoT) sector, providing a platform that equips countless everyday items with intelligence. The company's IoT Pixels and Visibility Platform, which have been recognized as some of the best inventions of 2023 by TIME, bridge the gap between the digital and physical worlds. IoT Pixels are tiny, self-powered devices that can be attached to any object, from cars and appliances to fruits and clothes, connecting them to the internet. This technology allows for real-time tracking and monitoring of these items, addressing a significant issue in the global economy and supply chain transparency. Wiliot's technology is particularly beneficial to the Consumer Packaged Goods (CPG) and grocery sectors. It provides real-time inventory visibility, allowing businesses to monitor the condition, location, and expiration of goods without the need for scanning. This can help reduce waste by adjusting prices based on expiration dates. Additionally, it enables businesses to track the movement of items, measure their carbon footprint, and trace their origin in case of a recall. The company's business model revolves around selling these IoT Pixels and providing access to their Visibility Platform. The platform allows businesses to refine product placement and promotions based on shopping patterns and product interactions, and verify product information regarding origin, transportation, and more. In summary, Wiliot is a game-changer in the IoT industry, providing solutions that enhance supply chain transparency, reduce waste, and contribute to climate change mitigation. Keywords: Internet of Things, Wiliot, IoT Pixels, Visibility Platform, supply chain transparency, inventory management, waste reduction, product tracking, consumer packaged goods, real-time monitoring.